Insurance
New Indictment in California Dive Boat Tragedy, Lawsuits Ongoing
A federal grant jury has issued a new indictment against a dive boat captain, alleging that he acted with gross negligence when a 2019 fire aboard his vessel led to the deaths of 34 people off the Southern California coast. …
Read More Allstate Expects Q3 Net Loss Up to $725M; Ian Caused $366M Net Loss
Allstate Corp said it expects to report a third quarter net loss of of between $675 million and $725 million with pre-tax catastrophe losses, net of reinsurance, of $763 million. Catastrophe losses net of reinsurance for September were an estimated …
Read More Texas DWC Makes Correction to Employer’s Wage Statement Form
The Texas Department of Insurance, Division of Workers’ Compensation (DWC) announced that is has made corrections to a form that was adopted on July 27, 2022. The corrections apply to DWC Form-003, Employer’s Wage Statement. The form is on the …
Read More Man Pleads Guilty in Scheme to Sell Fraudulent Texas Vehicle Tags
HOUSTON – A 51-year-old man who advertised himself as the “Used Car King of New York” has admitted to conspiring to commit wire fraud, announced U.S. Attorney Jennifer B. Lowery. Octavian Ocasio pleaded guilty to conspiring with others residing in …
Read More Small Planes Crashes Into Ohio Car Dealership, Killing 2
MARIETTA, Ohio (AP) — A small plane crashed into a car dealership parking lot near the border of Ohio and West Virginia early Tuesday, killing two people on board and sparking a large fire. The crash of the 1974 Beechcraft …
Read More Lawsuit Filed Against Wisconsin State Senator in Fatal Car Crash
MADISON, Wis. (AP) — The father of a 5-year-old girl who died in a car crash involving Democratic Senate Minority Leader Janet Bewley has filed a wrongful death lawsuit against the lawmaker. The lawsuit was filed Friday in Ashland County …
Read More Wisconsin Bonfire Explosion Injures Up to 40 People
TOWN OF MAPLE GROVE, Wis. (AP) — Authorities investigating a bonfire explosion over the weekend in eastern Wisconsin said Monday that as many as 40 people might have been injured in the blaze, including some who were seriously hurt. The …
Read More U.S. Awards $2.8B for EV Battery, Grid Projects
he Biden administration will announce on Wednesday it is awarding $2.8 billion in grants for projects to boost U.S. manufacturing of electric vehicle batteries and domestic mineral production, a White House official told Reuters. The White House is also launching …
Read More Georgia Agency Partners Joins Up with SecureRisk, Forming Large U.S. Partnership
Two of the largest insurance agency partnerships in the South have merged, creating the nation’s fourth-largest partnership, with some $600 million in property/casualty revenue, the groups announced. Georgia Agency Partners, an agency group with 30 officies in the Southeast, has …
Read More Hackers Targeting Tech Supply Chains Spur Security Startup Boom
Cyberattacks on the digital supply chain have become increasingly common, as hackers seek out weak links among makers of computer code and equipment to breach organizations that depend on the technologies. In 2020, for example, hackers suspected of working for …
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